Chelsea’s Premier League domination not just on the pitch

This weekend’s Community Shield match will feature Chelsea and Arsenal – two of the heavyweights of English football.

But as well as being involved in this season’s curtain-raiser, these two clubs are also top of the property league, with homes near their Stamford Bridge and Emirates stadiums the most expensive in the Premier League.

Although house prices around Chelsea’s ground have fallen by 5% over the past year, they are still well clear of second place. In fact, the average house price in the SW6 postcode area is more than £1.1m, which dwarfs the £575,000 figure near Arsenal’s ground in N7.

Unsurprisingly, London teams dominate the table, with Tottenham, West Ham, Watford and Crystal Palace (Croydon) making up the rest of the top six.

At the bottom, property near Liverpool and Everton’s grounds (£72,873 on average) is well adrift of the team above them – Sunderland, on £96,769.

Elsewhere, there is a wide gap within Manchester. The average house price in the M16 postcode area, where Manchester United play, is £194,297 but in M11, where arch-rivals City are based, the average price is £110,666.

Premier League new boys Bournemouth (£270,511) and Norwich (£191,151) sit in seventh and 11th places respectively.

“Although the top two make for familiar reading, it’s interesting that a successful, wealthy Premier League club doesn’t necessarily translate to a thriving property market in the surrounding areas,” says Russell Quirk, of eMoov.co.uk, which compiled the data.

“I think in terms of property, West Ham and Tottenham are the ones to watch. The developments in terms of location and transport infrastructure should see prices in both areas boosted as a result.”

 

1 Chelsea SW6, £1,137,550 (-5%)

2 Arsenal N7, £575,676 (+6%)

3 Tottenham Hotspur N17, £312,410 (+6%)

4 West Ham E13, £306,451 (+7%)

5 Watford WD18, £300,411 (+5%)

6 Crystal Palace SE25, £295,165 (+4%)

7 Bournemouth BH7, £270,511 (+3%)

8 Southampton SO14, £207,618 (+5%)

9 Leicester LE2, £202,483 (+4%)

10 Manchester United M16, £194,297 (+4%)

11 Norwich NR1, £191,151 (+1%)

12 Newcastle NE1, £156,470 (+2%)

13 West Brom B71, £131,398 (+2%)

14 Stoke ST4, £117,260 (+1%)

15 Swansea SA1, £115,584 (no change)

16 Manchester City M11, £110,666 (+3%)

17 Aston Villa B6 £101,674 (+4%)

18 Sunderland SR5 £96,769 (+4%)

19 Everton L4, £72,873 (+1%)

= Liverpool L4, £72,873 (+1%)


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